Categories of Mutual Funds.What are mutual funds? What two broad categories of mutual funds exist, and how are they different? Do investors select the securities the mutual fund invests in? Part 2 Mutual funds:(Select the best answer below.) A. are funds that are invested in commercial and public enterprises. B. are funds that the broker and investor mutually decide to invest in. C. use money from select investors to invest in funds that the broker and investor mutually decide to invest in. D. use money from many investors to invest in portfolios of securities. Part 3 The two broad categories of mutual funds are:(Select the best answer below.) A. stock and bond funds. B. finance and stock funds. C